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Economy in Shorewood, Minnesota

Overview, People, Health, Economy, Housing, Rankings, Crime
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Economy
EconomyShorewood, MNUnited States
Unemployment Rate6.10%9.10%
Recent Job Growth0.46%-0.12%
Future Job Growth34.82%31.25%
Sales Taxes6.65%6.80%
Income Taxes7.85%6.25%
Income per Cap.$53,831$27,067
Household Income$117,036$52,954
ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME
Income Less Than 15K1.80%12.10%
Income between 15K and 25K2.93%10.18%
Income between 25K and 35K4.26%10.56%
Income between 35K and 50K6.33%14.98%
Income between 50K and 75K13.05%19.53%
Income between 75K and 100K13.60%12.52%
Income between 100K and 150K23.41%12.14%
Income between 150K and 250K11.06%3.91%
Income between 250K and 500K16.88%3.34%
Income greater than 500K6.68%0.75%
POPULATION BY OCCUPATION
Management, Business, and Financial Operations28.73%13.81%
Professional and Related Occupations27.42%22.68%
Service7.99%14.51%
Sales and Office26.56%25.22%
Farming, Fishing, and Forestry0.30%0.68%
Construction, Extraction, and Maintenance5.76%9.37%
Production, Transportation, and Material Moving6.26%15.86%
Median Household Income

The unemployment rate in Shorewood, MN, is 6.10%, with job growth of 0.46%. Future job growth over the next ten years is predicted to be 34.82%.

Shorewood, MN Taxes

Shorewood, MN,sales tax rate is 6.65%. Income tax is 7.85%.

Shorewood, MN Income and Salaries

The income per capita is $53,831, which includes all adults and children. The median household income is $117,036.


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